Comment by lifeeth_

FWIW - India has one of the best money transfer infrastructures [IMPS/NEFT/RTGS]. IMPS is my favourite - it taps into the ATM machine backbone and enables 24x7 instant payments at almost zero cost [ http://en.wikipedia.org/wiki/Immediate_Payment_Service ]. The problem is more than the lack of infrastructure - Most folks are a bit apprehensive about using Cards or Online banking capabilities for fear of theft.